Buyers and sellers seem to be fighting around these levels. Both parties have shown strength however I would prefer to sell from the top than buy from the bottom.
I think we are seeing a bounce in natural gas . there were strong buyers previously that were taken out. I believe this could go higher than my marked level. will continue to monitor
Buyers and sellers look evenly matched however I would lean towards the downside here considering the strong resistance marked as top of the range. if we break above I expect to see 1.35.
I think GBP is going to face some weakness but was most convinced by this pair because of the 100% retracement earlier compared to only approx 90% on other pairs. I think we just saw a spike above the previos high and I can see some struggling buyers. my Risk reward is 3/1 6/1 and 10/1 on the three separate positions with my stop loss above recent high/spike.
